Gold prices fluctuated and adjusted on March 25th; the rebound d

In terms of the current overall trend, the bears still have room to maneuver. It would be more ideal to wait for a short-term rebound before continuing to short. On the upside, we should pay attention to the short-term resistance level of 4635-4650, the important resistance level of 4780-4790, and the key resistance level of 4800-481, which is the dividing line between bulls and bears. On the downside, we should pay attention to the short-term support level of 4500-4490, which is also a key level that both bulls and bears have touched. The main strategy is to short if the rebound fails to break through this level.

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Gold Short-Term Trading Strategies:

1. Sell gold at 4635-4650, add to the short position at 4670-85, stop loss at 4707, target 4505-4500, hold if it breaks through;

2. Buy gold if it retraces to 4490-4500 and holds, add to the long position at 4460, stop loss at 4445, target 4630-4635, hold if it breaks through;